PRESS RELEASE. BitMart has listed $LEOS, the utility token powering the Leonicorn Swap platform. Based on the Binance Smart Chain (BSC) ecosystem, the $LEOS token is also available on the PancakeSwap decentralized exchange.
$LEOS is the native token from the Leonicorn Swap, a decentralized exchange (DEX) created to solve the issues found in the current centralized and decentralized exchange ecosystem, providing a full suite of Decentralized Finance (DeFi) products in a single platform.
At its core, the Leonicorn Swap exchange aims to tackle the most common issues found in the CeFi industry, including security concerns, high transaction fees, low withdrawal limits, along with other pitfalls of centralized management such as high listing requirements for up and coming cryptocurrency projects and the mismanagement of funds by exchange operators.
While doing so, Leonicorn Swap also tackles the pitfalls of the most commonly used DEXs, the majority of which run on the Ethereum blockchain which has been notoriously known for its limited scalability, high gas fees, and low transaction speeds, a factor that has been crucial in the stunted growth of the DeFi ecosystem. All of this is achieved while ensuring security for the user, with its smart contracts having gone public security audits from known blockchain security companies like Certik
Leonicorn, an all-in-one DeFi solution
While Leonicorn offers an Automated Market Maker (AMM) exchange as it’s unique value proposition, it also features a number of DeFi solutions that accommodate the full scope of cryptocurrency users, from the most tech-savvy cryptonauts to the freshly started enthusiasts aiming to explore the nascent industry.
A user-experience-driven project Leonicorn Swap offers full asset ownership while providing a convenient and secure solution that can be used by anyone, regardless of their expertise and knowledge. Being built on the Binance Smart Chain, Leonicorn also ensures that retail users can access all the advantages provided by the platform without having to worry about enormous transaction fees.
The platform’s AMM, allows users to easily swap a growing list of tokens without any third-party counter risk and to earn additional income by providing liquidity for the assets they hold, allowing them to earn exchange trading fees and additional liquidity farming rewards provided by the project in the aforementioned $LEOS token.
While these features can be accessed on other platforms, they serve as a gateway entrance for more advanced features provided within the platform. Traders will have a chance to put their trading expertise to test in regular Trade wars provided by the platform where the most skilled traders will earn rewards for their performance.
Additionally, Leonicorn will also provide advanced investment opportunities beyond trading, including an Initial Decentralized Offering (IDO) and Initial Farming Offering (IFO) launchpad and a Non-Fungible Token (NFT) marketplace that will allow users to mint, buy and sell NFTs for digital and physical collectibles listed in the platform.
For those looking for an additional luck factor, Leonicorn also provides a probability fair lottery feature. Take advantage of all these basic and advanced DeFi products by visiting the official Leonicorn Swap platform here.
As previously mentioned, the $LEOS token is based on the EVM-compatible Binance Smart Chain, known for its proven scalability and ease of use. The token serves multiple functions within the platform, providing rewards for its holders through smart staking and liquidity mining incentives.
To ensure the long-term sustainability of the token, $LEOS employs a deflationary model in its design. The project operators have implemented a buy-back and burn system to ensure the continued scarcity of the token.
Now, the team is focused on improving accessibility for the wider cryptocurrency community, with the BitMart listing being the latest of the many upcoming announcements for the DeFi project. To learn more about $LEOS and its detailed tokenomics, read the whitepaper here.
Launched on 15/03/2018, BitMart is a centralized exchange based in the Cayman Islands. It also has four offices located in New York, China, Hong Kong, and Seoul. It supports spot trading, otc trading, and USD trading. Its mission is to drive the world towards a better financial system.
Operated by the GBM Foundation Company, Ltd, BitMart is a centralized exchange based in the Cayman Islands. It offers basic and advanced trading features for its users through a desktop and mobile app, available on Android and iOS.
BitMart was launched in 2018 and provides crypto-to-crypto as well as fiat trading. It also has four offices located in New York, China, Hong Kong, and Seoul. It supports spot trading, otc trading, and USD trading.
To learn more about BitMart, visit the official website and start trading now.